Givaudan, the world's number one fragrance and flavour player, saw
its flavour sales slip by 6.5 per cent for the first quarter, yet
the group reported strong growth across Eastern Europe and Russia,
reinforcing the growing importance...
Givaudan, the world's number one fragrance and flavour player, saw
sales in its flavour division slipping by 6.5 per cent for the
first quarter, impacted by a loss of products and a fall in prices,
writes Lindsey Partos.
DSM, the largest fermentation company in the world, sheds its HVP
business to industry conglomerate Oterap Holding in a bid to focus
on core activities, writes Lindsey Partos.
Chr Hansen last week launched an ingredient aimed at meat producers
whose foods suffer from a lack of flavor after functional blends
and water are added to optimize their recipes, writes Philippa
Nuttall.
Equity firm-owned Symrise continues declared ambitions to become a
top three flavour player, announcing the acquisition of British
flavour manufacturer Flavours Direct, writes Lindsey Partos.
Soon-to-be-sold ingredients unit at Degussa, Germany's third
largest chemical company, fails to impress in 2004 with sales
falling by 4 per cent, contributing just under 5 per cent of total
sales to overall €11.2 billion turnover...
Four savory enhancers produced by food technologists Senomyx were
awarded FEMA GRAS last week. The flavor enhancers are aimed at
companies wanting to reduce the amount of monosodium glutamate
added to their foods.
Ambitious Irish ingredients and flavours firm Kerry sees costs
rising for the year and sales inching up by just over 1 per cent
for 2004, the company reports today.
Flavours and texturants firm Degussa will shrug off its fruit
preparation business to an American equity company in a sale that
prepares the ground for a total divesture of its remaining food
ingredients unit.
Flavours and texturants firm Degussa will shrug off its fruit
preparation business to an American equity company in a sale that
prepares the ground for a total divesture of its remaining food
ingredients unit.
The hurricanes that swept through the US last year caused great
devastation to many crops. Grapefruit prices, in particular,
soared, provoking flavor companies including IFF to come up with
alternatives, Philippa Nuttall reports.
Europe and the US continue to dominate demand in the €4.5 billion
flavours market, but Asia Pacific region is quickly catching up
thanks to high single-digit growth, reveal figures from a new
report.
International Flavors & Fragrances on Wednesday announced
higher profits for Q4, but sales dipped slightly as a result of a
poor performance from its European fruit preparations business.
Irish food group Kerry joins the growing competition in the dynamic
Chinese food market, this week announcing a €20 million investment
programme to expand its presence there.
Opportunities for flavours in new product design could, among
others, see growth in exotic fruit beverages along with an
innovative palette for low-calorie foodstuffs.
Eastern Europe, the Middle East and Africa are strong growth areas
for the flavours market while in western Europe low calorie and low
carb diets will continue to spur demand, claims a new report,
writes Lindsey Partos.
A breakthrough into the US market boosts the bottom line for UK
natural flavours firm Treatt that saw sales for the year across the
Atlantic rising by over 40 per cent to €10 million, parallel to a
sales dip elsewhere, writes Lindsey...
Only 40 per cent of Muscovites trust the information on food
product labels, with the ingredients listing considered the most
likely to be incorrect, according to a recent survey by the CVS
Consulting group. Angela Drujinina reports.
Suppliers of natural flavours could gain a competitive edge with
the arrival in Europe of new facilities that ramp up production of
natural extracts produced through pervaporation, a membrane-related
technology that produces value-added...
Belgian ingredients group Orafti has walked away with three awards
at this year's Ingredients Russia 2004 exhibition, more than any
other company, but major international groups did not have it all
their own way, with a number...
Scientists have unveiled the first artificial throat for the food
industry that could lead to reduced development costs and faster
flavour development for food makers, writes Lindsey Partos.
Belgian ingredients group Orafti has walked away with three awards
at this year's Ingredients Russia 2004 exhibition, more than any
other company, but major international groups did not have it all
their own way, with a number...
Ambitious Israeli flavours firm Frutarom has doubled its net profit
in the first nine months of the year after bolt-on acquisitions
brought rapid growth to a company that has clear ambitions to
become one of the top ten flavour firms.
Danisco has taken up the low-carb, low-sugar baton and run with it,
developing a line of flavors aimed at food manufacturers developing
artificially sweetened and reduced sugar beverages and dairy
products.
Reorganization activities in Europe caused a dip in International
Flavors & Fragrances' earnings in the third quarter of 2004,
but North America continued to see strong growth, particularly in
its flavors division.
Bolt-on acquisitions move ambitious Israeli flavours firm Frutarom
a step closer to its ambitions to reach the top ten flavour club
with the firm closing down on the purchase of IFF's fruit
preparations business in Europe.
Ending months of speculation, the flavours and texturants units at
Degussa, Germany's third largest chemicals group, are up for sale
as the firm looks at selling the food ingredients arm or finding a
partner for its business.
Number one flavour group Givaudan sees beverage and dairy sales
pulled down in Europe but despite slow-down in flavour operations
sales for the division offset a dip in fragrance for nine months to
September.
Latest research from market analysts Mintel highlights a day in the
life of the global consumer. In the future, British shoppers could
be using curry flavoured toothpaste, feasting on collagen soup,
banana mayonnaise or green tea...
In a bid to help food makers correctly label their food products,
Australia and New Zealand's independent statutory authority this
week underlines the legal requirements for flavours used in foods.
Ambitious Israeli flavours firm Frutarom has bought the European
natural fruit preparations business from the world's number two
flavours player just months after completing on the Swiss botanical
extracts firm Emil Flachsmann.
US flavours giant International Flavors and Fragrances (IFF) has
avoided a hefty payout after a jury in the US ruled against four
popcorn factory employees who claimed a butter flavouring caused
harmful lung injuries.
Israeli flavours group Frutarom has signed a letter of intent to
buy the European fruit preparations business of US-based
International Flavors & Fragrances (IFF), a move which will
significantly boost Frutarom's pretensions...
Food makers are criticised again for the high salt content in food
products as campaign group CASH (Consensus Action on Salt and
Health) publishes new survey saying sandwiches on sale at retail
outlets are so salty they should carry...
Acquisitive ingredients firm Kerry will spend €170 million on four
bolt-on flavour acquisitions announced yesterday as the €3.7
billion Irish company continues to consolidate its position in the
highly competitive flavours market....
UK chemicals giant ICI closes on a €305 million deal with Irish
food and ingredients firm Kerry to shed the struggling ingredients
arm of its flavours subsidiary Quest International. In the same
week, the ICI group - that includes...
Ongoing innovation from ingredients and additives firms operating
in the competitive flavours domain brings food developers new
opportunities to improve the final product. ICI flavour subsidiary
Quest International, streamlined this...
Improved flavour sales in Europe gaining from modest gains in
currency conversions boosted first quarter results for the US
flavour giant International Flavors & Fragrances (IFF).
Strategies in 2003 to get the company back into...
US colours and flavours group Sensient continues to feel the impact
of soft markets in North American food and beverage segments,
particularly synthetic colours, posting a further drop in income
for the first quarter of 2004. Pressure...
Is Big Red the next functional food fad? Scientists in the US claim
the natural flavours found in the chewing gum brand manufactured by
gum giant Wrigley's could beat the bacteria that causes bad breath.
The growing popularity of ethnic foods and the consumer drive for
health-conscious foods helped to lift first quarter figures for
leading spice maker and flavour provider McCormick with the US firm
reporting double digit sales growth...
Burgeoning Irish food ingredients group carves deeper into the US
market announcing it will buy into fast growing 'lifestyle'
beverages through the acquisition of two US companies, Oregon Chai
and Extreme Foods.
Flavours giant International Flavors and Fragrances and subsidiary
Bush Boake Allen must pay out $20 million in damages as an American
court rules that a US popcorn factory worker sustained harm to his
lungs from mixing flavouring...
